Tuesday, 29 September 2015

S&P 500 testing dual trend channel support, rally possible toward 2040 from current levels

Daily chart shows the S&P 500 testing dual trend channel support. Includes all sessions trade. A rally toward the top of the larger channel would take the market to 2040, give or take. Don't rule it out, though by the same token, it is a low odds potential until we see a rally from the current steep down trend channel.


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